| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 10/19/2023 | 52.57% | Stifel | $23 → $22 | Maintains | Buy |
| 07/21/2023 | 38.7% | BTIG | $22 → $20 | Maintains | Buy |
| 07/19/2023 | 59.5% | Stifel | $24 → $23 | Maintains | Buy |
| 06/06/2023 | 24.83% | Jefferies | $20 → $18 | Maintains | Buy |
| 04/25/2023 | 66.44% | Stifel | $23 → $24 | Maintains | Buy |
| 02/23/2023 | 52.57% | BTIG | $22 → $22 | Maintains | Buy |
| 02/23/2023 | 38.7% | Jefferies | → $20 | Reiterates | → Buy |
| 11/10/2022 | 52.57% | BTIG | $28 → $22 | Maintains | Buy |
| 10/10/2022 | 87.24% | B. Riley Securities | $31 → $27 | Maintains | Buy |
| 09/30/2022 | 38.7% | Stifel | → $20 | Initiates Coverage On | → Buy |
| 09/26/2022 | 38.7% | Jefferies | $25 → $20 | Maintains | Buy |
| 08/03/2022 | 101.11% | Alliance Global Partners | → $29 | Initiates Coverage On | → Buy |
| 07/21/2022 | 73.37% | Jefferies | → $25 | Initiates Coverage On | → Buy |
| 05/06/2022 | 94.17% | BTIG | → $28 | Maintains | Buy |
| 05/05/2022 | 101.11% | Jefferies | $27 → $29 | Maintains | Buy |
| 02/24/2022 | 80.31% | BTIG | → $26 | Maintains | Buy |
| 02/24/2022 | 80.31% | Jefferies | $25 → $26 | Maintains | Buy |
| 09/13/2021 | — | BTIG | Initiates Coverage On | → Buy | |
| 09/13/2021 | 108.04% | HC Wainwright & Co. | → $30 | Initiates Coverage On | → Buy |
| 06/30/2021 | 66.44% | Jefferies | $20 → $24 | Maintains | Buy |
| 05/06/2021 | 38.7% | Jefferies | $18 → $20 | Maintains | Buy |
| 02/25/2021 | -9.85% | Jefferies | $11 → $13 | Maintains | Buy |
| 01/29/2021 | -23.72% | Jefferies | $9 → $11 | Maintains | Buy |
| 07/29/2020 | -38.28% | DNB Markets | → $8.9 | Upgrades | Hold → Buy |
| 05/08/2020 | -23.72% | B. Riley Securities | $14 → $11 | Maintains | Buy |
| 03/09/2020 | — | DNB Markets | Downgrades | Buy → Hold | |
| 02/27/2020 | -2.91% | B. Riley Securities | $16 → $14 | Maintains | Buy |
| 01/27/2020 | — | Fearnleys | Downgrades | Buy → Hold | |
| 03/06/2019 | 38.7% | Maxim Group | $22 → $20 | Maintains | Buy |
| 03/06/2019 | -34.12% | Morgan Stanley | $9 → $9.5 | Maintains | Equal-Weight |
What is the target price for Genco Shipping & Trading (GNK)?
The latest price target for Genco Shipping & Trading (NYSE: GNK) was reported by Stifel on October 19, 2023. The analyst firm set a price target for $22.00 expecting GNK to rise to within 12 months (a possible 52.57% upside). 8 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Genco Shipping & Trading (GNK)?
The latest analyst rating for Genco Shipping & Trading (NYSE: GNK) was provided by Stifel, and Genco Shipping & Trading maintained their buy rating.
When is the next analyst rating going to be posted or updated for Genco Shipping & Trading (GNK)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Genco Shipping & Trading, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Genco Shipping & Trading was filed on October 19, 2023 so you should expect the next rating to be made available sometime around October 19, 2024.
Is the Analyst Rating Genco Shipping & Trading (GNK) correct?
While ratings are subjective and will change, the latest Genco Shipping & Trading (GNK) rating was a maintained with a price target of $23.00 to $22.00. The current price Genco Shipping & Trading (GNK) is trading at is $14.42, which is out of the analyst's predicted range.